Indian government commits USD 45 million to revive Salem Steel Plant of SAIL
Centre approves a USD 45 million infusion to boost capacity, efficiency and revival of Salem Steel Plant, ending earlier privatisation plans. Nov 26, 2025 The Ministry of Steel will invest approximately INR 4,000 million (USD 45 million) in Salem Steel Plant (SSP), a special-steel unit of SAIL, reversing prior plans to privatise the mill. The […]
Ministry of Steel Suspends Enforcement of 55 IS Standards Under Steel Quality Control Order to Support Industry Needs
The ministry has announced that the enforcement of QCO on 42 Indian Standards under the Steel and Steel Products (Quality Control) Order, 2024 has been suspended for three years, and enforcement of QCO on 13 Indian Standards, relating to specialty steel grades covered under PLI 1.2, has been suspended for one year. Nov 21, 2025 […]
India Imposes Five-Year Anti-Dumping Duty on Specific Steel Imports from Vietnam
India has imposed a USD 121.55/tonne anti-dumping duty on hot-rolled flat steel imports from Vietnam for five years to protect local producers. Nov 14, 2025 The Indian government has slapped an anti-dumping duty of USD 121.55 per tonne on imports of hot-rolled flat products of alloy and non-alloy steel from Vietnam, for a period of […]
Outokumpu Secures EUR 800 Million Sustainability-linked Credit Facility
Outokumpu, a stainless steel manufacturer based in Finland, has signed a new EUR 800 million unsecured revolving credit facility, replacing its existing EUR 700 million facility. Nov 13, 2025 Outokumpu has signed an unsecured EUR 800 million revolving credit facility replacing its existing and currently unused unsecured revolving credit facility of EUR 700 million. The […]
Indian Steel Ministry Convenes ‘Open-House Consultation’ on Import of Steel
The Indian steel ministry has called an open house consultation that will be scheduled on Oct 27, 2025 to discuss various matters on steel imports. Oct 25, 2025 The Indian steel ministry has called an open house consultation session on Oct 27, 2025 where various steel producers and associations can bring their views forward. This […]
JSW Steel to Establish Scrap Facility in Chennai for Recycle Material in Steel Production
JSW Steel Limited plans to set up a scrap processing facility in Chennai, Tamil Nadu in order to increase the use of recycled material in steel production and reduce the company’s carbon footprint. Oct 24, 2025 JSW Steel Limited has announced that the company plans to set up a scrap processing facility in Chennai, Tamil Nadu […]
Bangladesh’s Abul Khair Steel Limited Commences Operations in Chattogram, Sets New Speed Benchmark
The facility has a production capacity of 1.6 million tonnes per year of deformed bars, incorporating SMS group’s MEERdrive blocks. The mill has set a global benchmark for speed initially producing rebars at 52.5 meters per second and later achieving 55.04 meters per second when producing 2-10mm deformed bars. Oct 25, 2025 Bangladesh based steelmaker, […]
Jindal India Commissions New Downstream Steel Facility in West Bengal
Jindal India has commissioned an INR 1,500 crore downstream steel facility in West Bengal, boosting its total production capacity by 60%. Oct 8, 2025 Jindal India has commissioned a new downstream steel facility in West Bengal with an annual production capacity of 0.6 million tonnes, marking a significant expansion of its operations. Built at a […]
Vardhman Special Steels Signs Agreement with Japan’s Aichi Steel for Low-Carbon Steel Production
Vardhman Special Steels and Japan’s Aichi Steel take their global partnership to the next level with the 3rd Technical Assistance Agreement, driving innovation in EV-grade and low-carbon steel production. Oct 06, 2025 Vardhman Special Steels and Japan’s Aichi Steel take their global partnership to the next level with the 3rd Technical Assistance Agreement. This agreement […]
Jindal Steel Commissions 3 MTPA Basic Oxygen Furnace at Angul, Capacity Rises to 9 MTPA
Jindal Steel has commissioned a 3 MTPA Basic Oxygen Furnace (BOF) at its Angul plant, boosting crude steelmaking capacity from 6 MTPA to 9 MTPA. Sep 30, 2025 The newly commissioned 250 MT BOF Converter, together with Blast Furnace 2, synchronises hot metal and steelmaking capacities, enabling higher throughput into downstream product lines. This expansion […]
